29 Pleasant StreetNewcastle, ME 04553Price: $899,000

INSTANT EQUITY - PRICED WELL BELOW CURRENT APPRAISAL! This exceptional newly built home offers not only a luxurious lifestyle but also OUTSTANDING INCOME POTENTIAL. With 4-5 bedrooms, multiple gathering spaces, expansive decks, and access to the Damariscotta River only a mile away, it is ideally suited for weekly vacation rentals during Maine's highly sought-after summer season. Boaters, families, and visitors flock to the Midcoast each year, creating strong demand for large homes. Whether enjoyed as a private retreat or leveraged as an investment opportunity, this property has the potential to generate substantial seasonal rental income while continuing to appreciate in one of Maine's most desirable coastal locations. Set on a quiet dead-end road that offers privacy, minimal traffic, and a peaceful setting, this beautifully crafted home (including two ensuite bedrooms, one up, one down) offers luxury, comfort, and coastal charm. Designed with both everyday living and entertaining in mind, the home features a light-filled, open floor plan with a large living room complete with custom built-ins and a warm, inviting gas fireplace. The well-appointed kitchen is a standout, showcasing high-end appliances, quartz countertops, and ample space for gathering and meal preparation. The first-floor primary suite is a private retreat, offering a spacious bedroom, walk-in closet, and a spa-like bathroom with in-floor heat, a luxury shower and double vanity. Step outside to your own private deck--perfect for morning coffee or evening relaxation. Upstairs, you'll find 3 bedrooms that enjoy seasonal water views. A spectacular bonus room, connected by elegant French doors, offers endless possibilities--create a game room, home gym or media space. Within walking distance to downtown Damariscotta, 15 minutes to the beach and 1.5 hours to the Portland airport, this home has it all! OPEN HOUSE JUNE 27 11:00-12:30